Dry Cargo
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Shipping in the Year of the Dragon: Dry bulk
How will dry bulk fortunes differ from what materialised last year? The second installment in our brand new issue of…
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Plans made to save Houthi-struck bulker from sinking
An abandoned Belize-flagged bulk carrier which was damaged by Yemen’s Houthi missile strike, is still floating despite taking in water.…
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Broken down bulk carrier barred from entering Australia for a year
A post-panamax bulk carrier that sat stranded for months in a central Queensland port has been towed back out to…
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JP Morgan pockets tidy profit from cape sale
JP Morgan is one of many big shipping names that has broken cover this month, joining a string of famous…
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Minerva Marine offloads its oldest cape
Greece’s Minerva Marine has made use of the hot dry bulk market to offload its oldest capesize vessels. The Andreas…
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Jinhui snaps up kamsarmax in latest fleet renewal move
Chinese bulker owner and operator Jinhui Shipping and Transportation is further expanding its fleet with a modern kamsarmax purchase. The…
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Tim Huxley pinpoints best shipping investment plays
Tim Huxley, chairman of Mandarin Shipping, one of the best known names in Hong Kong shipowning circles, has given his…
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United Maritime expands with kamsarmax bareboat deal
Nasdaq-listed Greek bulker owner United Maritime has boosted its fleet by taking a Japanese-built kamsarmax on a bareboat charter with…
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Belships locks in trio on index-linked contracts
Oslo-listed Belships has chartered out three of its bulk carriers for at least one year each. The Lars Christian Skarsgård-led…
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EU launches Red Sea mission as US-owned bulker gets attacked twice
The European Union has launched a naval mission to protect Red Sea shipping after the Houthis continued their attacks on…
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Crew abandon bulk carrier after Houthi missile attack
In a weekend of multiple attacks by the Houthis, they claim to have had their largest strike since they entered…
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Shipping’s largest sector lags behind in green investments
Dry bulk stands out among the major shipping sectors as the least willing to invest in green new tonnage. According…
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Geneva Dry Dialogues: ABS
The dry bulk sector, which accounts for a substantial part of the global shipping industry, faces unique challenges on its…
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Turkey’s Devbulk conducts more business with Maestro Shipping
Fast-growing Turkish owner Devbulk has paid some $28m to Swiss outfit Maestro Shipping for the Maestro Sapphire, a 39,800 dwt…
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Neda and Thenamaris enter the newcastlemax segment
Two Greek names have entered the newcastlemax segment with a raft of big bulkers changing hands in recent days. Late…
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Orix in $2bn deal to take over Osaka’s largest shipowner
Japanese financial services company Orix Corporation has bought Osaka’s largest shipowner, Santoku Senpaku, in a deal valued at $2bn. The…
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Houthis renew Red Sea attacks
With the most recent rocket attack on a British-operated Greek-owned bulker on Thursday, Yemen’s Houthis have threatened to keep attacking…
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Crew evacuated from sinking general cargo ship off South Korea
A crew of 11 seafarers were evacuated from a Korean general cargo vessel taking on water in rough weather near…
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Western Bulk CEO steps down
Hans Aasnæs is stepping down as chief executive of Norwegian dry bulk operator Western Bulk Chartering. The Oslo-listed company said…
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James Chao returns to Foremost following death of his daughter
James Chao, 96, is stepping back into the role of Foremost Group chairman following the death of his daughter on…
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